March 2, 2021
Subject: News / Press release
Polarium has been recognized as one of the fastest growing companies in Europe by the Financial Times’ annual FT1000 ranking. With Polarium ranked seventh, the list highlights the company as the fastest growing in the Nordic region.
Since its foundation in 2015, Polarium has provided the global telecom market with energy storage solutions built on lithium-ion technology with the aim of empowering a smart and sustainable world. As a result of always placing the customer first and developing best-in-class products, Polarium has delivered impressive sales growth from the start.
“We’re incredibly honored to be ranked seventh on the Financial Times’ list of the fastest growing companies in Europe, highlighting us as the fastest growing company in the Nordics. This is truly a result of teamwork between all our employees, partners, and customers. We now set our sights on our 2023 target of SEK 5 billion in sales”, says founder and CEO Stefan Jansson.
The FT1000 ranks companies that achieved the highest compound annual growth rate (CAGR) in revenue between 2016 and 2019. Polarium’s CAGR of 315 percent puts the company at seventh place in Europe and establishes Polarium as the fastest growing company in the Nordics.
The rating is the result of a joint initiative by the Financial Times and Statista, based on intensive research, public calls, and interviews with tens of thousands of companies over several months.
The ranking was published on March 2nd and will also appear in the Financial Times newspaper on March 22nd, 2021. See the full list here.
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